Wednesday, 22 October 2008

Dubailand - More Than Just a Themepark

Mohammad Al Habbai, senior vice-president of Dubailand, believes Dubailand will play a crucial role in attracting 15 million tourists as envisioned by Dubai Strategic Plan 2015. 

Dubailand "will catalyse the position of Dubai as an international hub for family tourism, in addition to generating niche employment opportunities", he told Gulf News.

Is it too ambitious to build so many theme parks and expect people to come? Al Habbai said Dubailand isn't just offering a variety of theme parks, but a diverse number of attractions that cater for all age groups, genders and nationalities. "The unique geographical positioning of Dubai, as well as the massive expansion of its carrier Emirates airline, makes this vibrant city easily accessible for more than two billion people within a mere four-hour flight from Dubai," he said.

Additionally, he said, Dubai boasts an excellent infrastructure, offering superior amenities, including some of the world's finest hotels, restaurants, as well as retail and leisure facilities.

In view of the credit crunch and the rise in construction materials' cost, would the project be derailed from its scheduled completion? Al Habbai seems sure everything will go according to plan, saying that the theme parks are going ahead as scheduled.

Universal Studios Dubailand is expected to be completed by December 10, 2010, FX1 Motor City, by October 2009, and City of Arabia theme park should open in October 2010.

"As one of world's largest tourism, leisure and entertainment developments and a member of Tatweer, Dubailand supports its developments and projects to help them meet construction deadlines, in spite of the rising costs," Al Habbai said. Gulf News 22/10/08

Friday, 19 September 2008

Homes International New Launch in Al Marjan Island



A selection of studio and 1 bedroom apartments have just been released for this exclusive waterside residency complete with a lengthy payment plan. Call a member of the sales team on 08700 992 400 or +44 161 831 799 for the latest availability.

Homes International Launch Cape Citadel in The Highly Exclusive Sahl Hasheesh


Majestic Luxury Emerging as a castle from underneath the sea, the centrepiece of Cape Citadel is the Citadel Azur Hotel. Designed by architect Amr El-Alfy, this hotel is a step apart from any other development on the Red Sea. A massive lobby with raised ceilings, a main restaurant with bay windows overlooking the sea, and an unmatched level of quality are just some of the characteristics of this pearl on the bay.

A glance out the lobby windows will take your breath away as you are welcomed by panoramic views of the sea overlooking a pristine marina and a perfectly tailored beach. Take a relaxing walk along the beach promenade or relax by one of the hotel’s many pools, all of which have perfect views of the nearby sea.


Amenities
As a resident of Cape Citadel, you have complete and unrestricted access to all amenities of the Citadel Azur Hotel, connected together by a shared transportation system.

Marina
Surrounded by the Citadel Azur Hotel, a world-class international marina offers all the services demanded by the most discerning customers and provides an outlet to Sahl Hasheesh’s greatest asset: the sea.

Dubai Metro to be Extended into Ajman?

Proposals to extend the Dubai Metro to neighbouring Ajman are currently being discussed. The plans, still in the early stages, would be welcome news for investors who own properties in Ajman.

According to the proposal, the metro will pass through Emirates Road to Al Corniche in Ajman. From there it will go to Al Zawra and then onto new investment areas currently under development.

Sheikh Rashid bin Humaid Al Nuaimi, Chairman of Ajman Municipality and Planning Department has stressed that the proposal is only in discussion stage and many considerations still have to be made before anything is finalised.

Investors looking to buy Ajman property will be following the discussions with interest, as any extension announcement is certain to push up the value of off-plan properties in Ajman.

Zuber Mohsan, CEO for a Dubai-based property company commented: "Infrastructure plays a crucial role in any developing area and if these proposals to extend the Dubai Metro to Ajman come to fruition, then existing investors will certainly reap the benefits as prices for off-plan properties in Ajman will rocket."

"Prices of property in Ajman are currently a third of what they are in Dubai, and with industry experts already predicting an increase in Ajman property prices of up to 100% within the 12 months, any definite announcement of a Metro extension for Ajman will certainly fuel further growth," added Mohsan.

Construction of the Dubai Metro system is well underway with the first line (Red Line) due to open in September 2009 and the entire system scheduled to be fully operational by 2012. British-based international services company Serco, who also run the DLR in London, will operate and maintain services, including trains, tracks, stations and associated facilities in a contract said to be worth 500m over 12 years.

Up to 600,000 passenger journeys per day are forecast by the Dubai RTA, with extensive park-and-ride facilities to encourage car users on to the trains. The first of 87 five-car metro trains, built by Kinkisharyo, of Japan, was delivered in March and has already been tested up to 92 kmh (57 mph).

The Red Line will immediately achieve another Dubai 'first' - becoming the largest, driverless automated metro system in the world.

Thursday, 31 July 2008

Credit Crunch Benefits Emerging Markets

With the credit crunch hitting European and UK property markets many experts believe emerging markets are seen as the best option for overseas property investors.

With the UK property market predicted to tumble by 35% by 2010 many first time buyers and investors are looking abroad for gains over the next few years. In order to obtain a reasonable mortgage in the UK, buyers are now required to put down a deposit of 25% on their properties. In money terms, depending on where you are in the country, this equates to a deposit of approximately £50,000.

Savvy investors and first time buyers are now buying property in attractive overseas emerging markets such as Tunisia realising that their UK deposit could be used to buy a property outright. With significant appreciation expected over the next 2 years, their money is working much harder for them and by the time the UK market bottoms out they plan to realise their investments abroad and buy back in the UK.

Tuesday, 29 July 2008

UAE Most Luxurious Country in World For Expats

Expatriates in the UAE enjoy a more luxurious lifestyle than anywhere else in the world, a survey has revealed, as economic growth, tax-free salaries and relatively cheap goods allow them to live out their dreams.HSBC's Expat Explorer Survey, published on Friday, found that the Gulf state beat off global hotspots including Singapore, Hong Kong, Australia and the United States to claim the luxury living crown.

More expatriates in the UAE are able to afford added extras such as owning a boat, having a swimming pool, taking regular holidays and employing domestic staff than anywhere else, according to the survey. Foreign residents in the Gulf state experienced increases in 10 of the 11 categories of perceived luxuries measured by the survey. The UAE's luxurious standard of living has helped it become the second most popular country in the world for expatriates to live in behind Singapore, according to the survey.

The Gulf state also scored very highly on how much expatriates can earn and save compared to their home countries, as well as how much the quality of their accommodation had improved. The Expat Explorer Survey questioned 2,155 expatriates across four continents, questioning them on topics such as how easy they found it to integrate, how they viewed the changes in their lifestyle, and their children's experiences in a new country.

Thursday, 10 July 2008

Bank of England Holds Interest Rate

As widely expected the BoE has held rates again this month at 5%.

Despite a rapid economic slowdown, the ever present threat of inflation from high oil and commodity prices, has tied the banks for at least the present, in cutting rates.

Tuesday, 1 July 2008

Investors Favour Emerging Egypt


Investors looking to make a healthy profit from overseas property investment should look to newly developing markets where demand outweighs supply, such as Egypt.This is the view of Adrian McDermott, managing director of Escapes2, who said that countries where the economy is expanding and the government welcomes foreign investment represent the best opportunities for buyers."Every market has supply and demand cycles. So the key for investors is the need to spot a country where demand is rising and supply is limited," he commented.He said that Egypt is one of these emerging markets and remarked that investors have been keen to return to that country to augment their portfolios."If you can find a country such as that, get in there in the early stages and then you will tend to make a good return on your capital in the majority of cases," he added.Experts at the recent Homebuyer Show said that the most popular location in Egypt for investors is along the Red Sea coast.

Get Ready for Egypt Boom

As British property buyers fly overhead on their way to the shopping malls of Dubai, do they realise they’re gazing down on a land with much more natural appeal, lower entry-level prices and a five-hour flight time? There’s so much more to Egypt than British buyers assume.

Most Brits are yet to discover Egypt’s new resorts where five-star luxury coexists with historical treasures, gorgeous beaches and fantastic diving in the Red Sea.

Egypt’s north-coast resorts along the Mediterranean stretch from Alexandria in the east to Libya in the west. Most buyers look between Alexandria and El Alamein. Another resort getting new attention is Ain Soukhna. On the Gulf of Suez and just 90 minutes’ drive from Cairo, it is a popular weekend retreat for Cairenes, and so offers potential for buy-to-let. With 60 kilometres of beaches, it has been largely ignored by non-Egyptians, but that may be about to change.
Across the Red Sea, Sharm el-Sheikh on the southern tip of Sinai, is now a firm favourite. It feels like a western Mediterranean resort and is the most expensive of the coastal destinations.

Back on the eastern coast, the ‘Red Sea Riviera’ is hundreds of miles of unspoilt desert coastline dotted with a few upmarket resorts. For starters there is El Gouna, built in a Nubian style with pastel-coloured domes and arches. As well as the seductively named Mangroovy Beach, the marina there is formed of a maze of canals and waterfront homes joined by stone bridges.

Further south is Hurghada, a resort traditionally popular with scuba divers. It attracts a young-ish crowd and is filled with après-scuba nightspots, cheap bazaars and internet cafes.

Beyond Hurghada is Safaga – quieter, less expensive, though also a major diving and windsurfing spot. Safaga is a good base for sightseeing, especially Luxor. Further south still is Marsa Alam, with its own airport. Not long ago a fishing village, many pundits tip as the new Sharm. Cheaper than Hurghada, it has many of Hurghada’s positives – reefs, palm trees, great beaches – but with fewer crowds.

Capital growth has been slow to kick off in Egypt, with static prices until late 2005. With so much new-build going up, the market is gearing up for a busy time and resale bargains could be on their way.

Also bear in mind that Egypt’s property registry is out of date so check that the land your property is on is registered. Older property should already be registered but getting hold of title deeds in Egypt can take time and even prove impossible. Property is bought freehold in Egypt, except for in Sinai, which includes Sharm el Sheikh, where you buy with a 99-year leasehold. Reports A Place In The Sun Live

Wednesday, 25 June 2008

Demand pushes prices of Ajman homes up

Ajman Free Zone, where residential buildings are still under construction in the old industrial area. The National
Residential property prices in Ajman may rise by between 30 and 40 per cent within six months, report property professionals who specialise in the northern emirate.
“Back in November, we were selling property at less than Dh400 per square foot,” said Khurram Burney, from Dubai-based Estate 400, which is developing five residential projects in Ajman. “Now prices are roughly Dh480 to Dh500 per square foot.”
Oxford Business Group (OBG), a research and publishing company, said the value of Ajman’s property market, based on transaction values, was Dh3.5 billion (US$953 million) in 2005.
In the third quarter of last year alone, OBG reported, Dh80bn of investment was announced.
Since then several more major projects have been announced, including the Dh3.5bn Eye of Ajman, Chapal World’s Dh2.5bn Flora Residences and Al Zorah, a Dh220bn master-planned city being developed by Solidere and the emirate’s government. One of the key factors driving Ajman’s property market has been affordability, as most developers in the emirate are focusing on middle-class investors who were priced out of Dubai and Abu Dhabi. “The freehold market of Dubai was only targeting a higher-net worth group – and more of them are investors than the actual end users,” said Salman Soofi, of Brooks Real Estate. “The Northern Emirates and especially Ajman are targeting end users who want to live in Sharjah and Ajman.”
Mr Burney said buyers were also helped by easier financing terms.
“A lot of investors are looking into this emirate, mainly because of the payment instalments and the prices. You put as little as five per cent down to book an apartment,” he said. This helped to make Ajman “a great potential market for developers”, he added.
Some developers were providing their own finance packages to offset a reluctance by many banks to provide mortgages in the Northern Emirates, said Tessa Morris, the marketing director of DSL Exhibitions, which has organised this week’s R&R Local Property Show.
“According to developers, many banks have been slow to recognise that [middle income] people can afford mortgages,” she said. “In Ajman you have interesting stage payments that make property buying affordable.”
The launch of the Sharia-compliant Ajman Bank was expected to provide further support to the property sector.
On the regulatory level, Ajman was expected to move “towards the establishment of escrow trust accounts for all off-plan sales”, said Aftab Hemani, of Dubai-based Cobalt Real Estate.
Ajman was the first emirate to provide freehold rights to foreign nationals, in 2004. As recent statistics released by the Ajman Chamber of Commerce & Industry showed, foreigners now own 33 per cent of development projects in the emirate.
This has elevated Ajman’s annual investment growth rate to an average of 6.7 per cent.
Source: The National

New law to make Ajman 'Dubai of five years ago'

Real estate prices in Ajman are likely to rise following the introduction of the emirate's new property law, says a senior official.
The legislation is intended to increase confidence in the real estate market, Sheikh Majid bin Saeed bin Rashid Al Nuaimi, head of the Amiri Court, told Emirates Business. Property developers will have to register with the Ajman Land and Property Department from Sunday under the new regulations.
Dr Hareb Al Aryani, the department's director-general, said land prices in the emirate had increased by 200 per cent over the past four years and were expected to rise further because of the new law.
Registered developers will be given a certificate by the department and will have to open a trust account with a bank before being allowed to launch a project.
"The Government of Ajman is currently negotiating with banks operating in the UAE to open trust accounts for developers," he said. "Buyers will pay funds directly to the bank and the department will control withdrawals.
"The law is intended to protect the rights of all parties involved in the construction process and ensure on-time delivery, and this will increase confidence in Ajman's property market."
The legislation gives freehold title rights to GCC nationals and expatriates while residency and ownership rights are in line with federal legislation, he added.
Real estate industry professionals say a property boom is under way in the Northern Emirates, with prices in Ajman likely to rise by 100 per cent in six months.
One of those forecasting increases is Khaled Raouf, a property consultant with Goldcrest Properties, who said: "Ajman has become the Dubai of five years ago. Property prices are still far behind those of other emirates, ranging from Dh550 to Dh600 per sq ft. The price of a new project in Dubai is Dh4,500 per sq ft."

Source: Emirates Business 24/7

Wednesday, 18 June 2008

Ajman Issues New Realty Law

Ajman issues new realty law
By Bassma Al Jandaly, Staff Reporter Gulf NewsPublished: June 15, 2008, 23:44
Ajman: A new property law is set to boost Ajman's real estate sector which has witnessed solid growth over the last few months.
His Highness Shaikh Humaid Bin Rashid Al Nuaimi, Member of the Sup-reme Council and Ruler of Ajman, last week issued Amiri Decree No 7 and 8, 2008, to regulate the emirate's land and properties sector.
Billions of dollars are being pumped into the emirate's property sector, where prices have jumped from Dh350 per square foot to nearly Dh500 during the last six months, as investors scramble for a piece of Ajman's growing housing sector.
The decree comprises 34 articles that legalise freehold ownership of land and property for UAE and GCC citizens and companies wholly owned by them as well as to the public stock companies.

Non-GCC developers and buyers can also own freehold land and property in designated areas that are to be determined and approved by the Ajman Ruler. Foreign investors have snapped up land on both sides of Emirates Road to build master-planned projects in Ajman.
"Apart from GCC nationals, other expatriates could obtain property on a freehold as well as 50-year leasehold basis which is renewable in areas designated by the Ruler," the law says.
The law empowers the Department of Land and Property to regulate the sector, survey areas, approve the land map and the fees for the services provided by the department and register all properties.
The Lands Department is solely assigned to register property rights and long-term leasing contracts.
"The inheritance notification must be registered with the property register, in case heirs have property rights within their inheritance. And no dealings will be admitted unless registered," it said.
Bank guarantees must be deposited for those who wish to invest in Ajman and that money must be used only for the project itself.
"An amount of five per cent of the project value will be frozen and will not be released until completion of construction of the project," it stipulates.
The law states that a developer may not advertise projects without written approval from the department.
The developers will be responsible for maintaining the project for 10 years following handover.
A fine of Dh100,000 will be imposed on those who practice real estate business in the emirate without a licence.

At a glance: 24 projects on track
Ajman One, Ajman uptown, Al Mamouqa City, Al Itihad Village, Green City, Ajman Boulevard, Emirates City, Al Hamidia City, Al Ameera Village, Al Emirat Lagoon, Ajman Eye City, Humaid City, Aqaar, Park Avenue, Al Awali City, Down Town, Shabil, Falcon Towers, Ajman Pearl, Creek Towers, Ajman Marina, Al Nuaimi Towers, Free Zone Marina, Al Zorah.

Thursday, 22 May 2008

Dubai All Set For Metro


Dubai all set to meet the deadline for its Metro around the city and surrounding areas.
This picture shows the primary testing of the tracks.
Once fully functional it should ease the burden of the already heavily congested roads.

New Launch - Ajman



A selection of 1, 2 and 3 bed apartments are being offered in this Shami Gardens development in Ajman.

Besides having an enviable locale, Shami Gardens offers residents the opportunity to live in pure luxury. From architectural splendor to the fittings and woodwork.

Each tower has its own swimming pool and health club.

Call a member of the sales team for latest prices on 08700 992 400 or +44 161 831 7999

Ajman - Don't Miss This!

The Ajman freehold property market may not conjure up the same level of glamour as that associated with the Dubai property market, however it would be a huge mistake to overlook all the potential of the property on offer here and the current low market prices. After all, the same situation could easily have been said for the Dubai property market just under a decade ago. Looking around Dubai now it's easy to see that with government cooperation a lot can be achieved in a short time in the United Arab Emirates. And the Ajman government, using the model that has worked in such a spectacular fashion in Dubai, is aiming to follow in the footsteps of their illustrious neighbour.

In 2004, Ajman was the second Emirate after Dubai to introduce freehold property law as it looked quickly to capitalize on the interested generated in living in the U.A.E. Ajman may be the smallest of the seven Emirates at just over a hundred square miles, but it still has a wide range of property from which buyers can select from. Ajman is situated in the middle of Umm Al Quawain and Sharjah, and within commuting distance to Dubai. The location therefore gives you easy access to all that Dubai has to offer with its many shopping and entertainment areas, but allows you to live a more peaceful existence than you could expect in Dubai. Ajman whilst still offering all you could need, is not nearly as developed as Dubai, and therefore can still claim to offer a very relaxed and stress free location, consequently resulting in the best of both worlds for those living here.

Of even greater interest here is the investment potential in owning an Ajman property. Dubai property has seen huge returns on the original purchasing prices and whilst property in Dubai is still on the increase, nowadays such investment returns are likely to be much more modest. As always getting in early is key, and in Ajman that is the opportunity that is currently presenting itself to buyers. The range of property on offer is not quite of the same depth as would be expected in Dubai, but it is ever increasing, as there are plenty of quality freehold developments from which to pick.

Global City Tower


Brand new launch of commercial offices located in the Freezone district of Ajman. 100% freehold and only a fraction of the price of Dubai!


The freehold property market in Ajman has already started to take off in a big way. Things here are clearly on the up, and as a result Ajman looks set to be a brilliant investment proposition for those who get in early. As more and more developers are building projects here property options are only set to increase, and no doubt prices will follow in a big way soon after.

Wednesday, 23 April 2008

Brits Dominate Dubai Property Market

ShelterOffshore.com reports that British buyers own more houses in the region than any other nationality. The majority of foreign nationals who own property in Dubai come from the UK.

The popularity of Dubai was attributed to a number of factors, such as International demand driving growth in its housing market. In addition the website said it was one of the most lucrative cities in which to find employment as is usually tends to pay higher salaries.

Saturday, 22 March 2008

La Hoya Bay


Homes International have a very limited number of apartments on Al Murjan Island. With completion dates expected around December 2008 - these are being sold on a strictly first come basis!

The expected capital growth is paramount on this development and units are selling very very fast!

Call now for further details 08700 99 2400 or +44 161 831 7999

Friday, 21 March 2008

Tameer Signs Agreement With Dubai Islamic Bank (DIB)

Tameer Holding has signed a memorandum of understanding with Dubai Islamic Bank, a financial institution in the UAE that provides Sharia-compliant products and services, whereby the bank will provide home finance to buyers of a number of Tameer's projects across Dubai.

The contract sees the cooperation between two of the UAE's leading institutions coming together in a strategic partnership that will facilitate the home buying process for both individuals and investors.

Thursday, 13 March 2008

Good Time to Invest in the US

With the Euro reaching record exchange rate levels this week, rising as high as 1.5144 EUR against the US dollar: excellent news for buy-to-let investors seeking more affordable property in the USA with which to tap into a growing demand from many US citizens unable to step on the property ladder.

Monday, 10 March 2008

Dollar Hits Record Low Against Euro

The dollar tumbled to yet another record low against the euro on Thursday as the foreign exchange markets awaited crucial European interest rate decisions. In morning trade, the euro jumped to USD 1.5347, beating the previous record set on Wednesday of USD 1.53. It later stood at USD 1.5331.

Asia Attractive as Global Growth Slows

Investors could find Asia an attractive proposition in relative terms as growth becomes harder to find across the globe, according to Fidelity International head of investment services Maria Abbonizio. "There is very attractive growth in Asia, there is more value in the market than we have seen for some time and sub-prime is also not an Asian problem," she explains.

2008 Landmark Year For UAE Real Estate


A combination of falling UK house prices, the devaluation of the pound sterling and another strong year for Dubai property could result in the previously unthinkable before the end of the year: homes in the UAE worth more per square metre than homes in the UK.

Wednesday, 20 February 2008

100%+ Mortgages Become History

Abbey, Alliance & Leicester and Coventry building society have all decided to withdraw mortgages specifically aimed at first-timers and others struggling to scrape together enough money to buy a home without a deposit.

Northern Rock and Birmingham Midshires were also 'reviewing' the viability of such products. The popularity of the loans amongst first time buyers grew during the past five years as lenders sought new ways to help them afford steeply rising house prices.

London Top of the Property Rich List

According to the latest research, the most expensive street in England and Wales is Courtenay Avenue in London, N6 where the average home will set you back £6,803,900.

The leafy cul-de-sac, boasts spacious detached homes with swimming pools and large gardens.

The capital dominates the property rich list with all 20 of the priciest homes located in London.

Wales together with the North East and the East Midlands are the three regions where the top street does not break the million pound mark. The average home in the priciest Welsh street is a steal at just £897,400.

Tuesday, 5 February 2008

Audi Opens Largest Luxury Car Showroom

Audi the German luxury car manufacturer, has annonced the opening of its newest showroom in Gurgaon, India.

Deutsche Bank Arm Makes $70m Indian Real Estate Investment

RREEF the global alternative investment management business of Deutsche Bank, advised by Deutsche Asset Management (India) Pvt Ltd, has made its first real estate investment in India. RREEF has substantially completed the purchase of an undisclosed stake in Bangalore and Hyderabad-based real estate company, Golden Gate Properties Ltd for US $70m.

Infosys Acquires 300 Acres of Land

Software giant Infosys has purchased 300 acres of land near Sarjapur at market prices to build a second city campus. Bangalore, the company's largest centre, is expected to seat 25,000 employees by March this year.

Monday, 21 January 2008

Nakeel to Develop 'The Universe'

Nakeel has just announced plans for a massive real estate development, 'The Universe', which will be located off the Dubai coast between Palm Jumeirah to Palm Deira.

The multi-billion pound project will create a cluster of large coral-shaped islands that will serve as a home for major residential, commercial and tourism projects. The Universe will have 3,000 hectares of land and will take 15 to 20 years to develop.

Monday, 14 January 2008

Americans Cut Back Sharply on Spending

Strong evidence is emerging that consumer spending has begun to slow sharply at every level of the American economy, from the working class to the wealthy.

The abrupt pullback raises the possibility that the country may be experiencing a rare decline in personal consumption, not just a slower rate of growth. Such a decline would be the first since 1991, and it would almost certainly push the entire economy into a recession in the middle of an election year.

American Express said that starting in early December the growth in the rate of spending by its 52 million cardholders, a generally affluent group of consumers, fell 3% from 13% to 10%, the first slowdown since the 2001 recession.

Sunday, 13 January 2008

Pre Launch Prices for Gurgaon - Delhi

Homes International are pleased to offer pre-launch prices for its latest development in Gurgaon - Delhi.

Better known as Cyber City, Gurgaon is India's most sought after location for BPO's (Business Process Outsourcing), Call Centres, IT Services as well as other Fortune 500 companies, the likes of IBM Daksh, GE, Microsoft, Sapient, Oracle, American Express, Nokia, Pepsi and Adidas to name a few, that have chosen to headquarter their India operations there.

The highly discounted prices are available on a first come first served basis - the developer is offering limited numbers at this price. Price per square foot starts at just under £35!!!

Amenities include:

•Clubhouse & Gym
•Modular Kitchen
•Power Back-Up
•Reverse Osmosis Plant for Drinking Water
•Broadband Connectivity
•Security Intercom
•Piped Gas Supply
•Modern Fire Fighting Equipment
•Parking

Call a member of our sales team now to request further infomation!

Friday, 11 January 2008

On The Road To 1 Billion Cars

Hold on to your steering wheel. India – where roads are already in near-constant gridlock — took a big step toward mainstreaming car culture, and sending the world on a path to surpass 1 billion cars by 2020, with the unveiling of the $2,500 Nano. The vest-pocket four-seater has an engine barely bigger than those powering some American lawn mowers.
New York Times Reports

Thursday, 10 January 2008

Interest rates for UK - Held!

Bank of England policymakers have decided to keep UK interest rates unchanged at 5.5%.

The Bank's Monetary Policy Committee is now expected to cut interest rates in February, when the Bank releases its quarterly inflation report including new growth and inflation forecasts.

The Bank may even cut rates by half a percentage point predicted an economist at Royal London Asset Management Ian Kernohan.

Wednesday, 9 January 2008

Dubai Re-Sales Division

Homes International have now set up a resale department dedicated to aid clients with the sale of their Dubai properties.

The offer of sourcing specific properties on request is another additional service that has been introduced.

January Sale

Homes International have slashed prices of stock by up to 30%!

  • UAE apartments from £25,000 ideal for Buy to Let investors
  • 3 Bed villas priced at under £130,000
  • Beach apartments £50,000 in Ras Al Khaimah (new hotspot!)
  • 2 Bed ground floor apartments in Egypt for £37,600


Call 08700 99 2400 or +44 161 831 7999 now for details on what is available.

Promotional prices valid for January 2008 only!

Tuesday, 8 January 2008

Kenya Crisis Appeal

The British Red Cross has opened an appeal to help people affected by the crisis in Kenya following the disputed presidential election. Visit http://www.redcross.org.uk to help

Wednesday, 2 January 2008

New Year Wishes

On behalf of all the staff at Homes International we would like to wish all our clients all the very best for 2008.

Stick to your New Years resolution - and let us help you to secure your future wealth - call to discuss the very latest investment opportunities.